Stocks opened higher on Wednesday but turned lower before the Dow could reach 20,000. Economic data was light. Pending home sales slid -2.5%, missing estimates for a gain of +0.5%. In other news, GNC said it will close all 4,400 US stores today to overhaul its pricing system. Anthera Pharmaceuticals (ANTH) plunged -65% after the money-losing biotech…
https://www.bloomberg.com/news/articles/2016-12-27/the-six-stories-that-defined-luxury-in-2016
Listen To Wednesday’s Investor’s Edge Radio Show: 12/28/2016 Click Here: https://archives.warpradio.com/btr/investorsedge/122818.mp3
https://www.bloomberg.com/news/articles/2016-12-27/ohio-governor-vetoes-bill-to-extend-freeze-on-renewable-energy
http://www.reuters.com/article/us-usa-trump-economy-idUSKBN14H1B8
Anthera Pharmaceuticals (ANTH) plummeted -65% after it said its Phase 3 study of its Sulloura drug in cystic fibrosis patients with exocrine pancreatic insufficiency missed its primary endpoint.
GNC Holdings — GNC will close all 4,400 US stores today to overhaul the nutritional products retailer’s pricing system.
Listen To Tuesday’s Investor’s Edge Radio Show: 12/27/2016 Click Here: https://archives.warpradio.com/btr/investorsedge/122718.mp3
https://www.bloomberg.com/news/articles/2016-12-27/icahn-says-others-on-trump-team-more-skeptical-on-ethanol-law
